A long-standing aversion toward using technology and automated processes to calculate carry and waterfalls is slowly dissipating, but the private funds industry has some way to go before adoption takes hold across the board.
GPs may be willing to invest in technology to meet transparency demands from LPs and regulators, but they need solutions that use that data for more than just reporting, say RSM’s Scott Helberg and Christa Clark.
The 2022 Private Funds Leaders Survey confirms the strength of sentiment in the private markets despite the challenging macro conditions, finds Dan McNamara, chief strategy officer at MUFG Investor Services.
Direct lending managers are looking for partners to take the reins on day-to-day operations as they navigate rapid expansion, says MUFG’s Treabhor Mac Eochaidh, executive director and head of debt services.
Digital fundraising platforms continue to transform the way managers develop their businesses, even as many return to in-person relationship management, according to an Apex Group executive.